Head of Murphy Oil UK steps aside to launch buyout of refinery-source

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LONDON, May 19 (Reuters) - The head of Murphy Oil (Frankfurt: MUQ.F - news) 's UK
operations Tom McKinlay has taken a leave of absence in order to
pursue the acquisition of the company's ailing Milford Haven
refinery and retail business, a source close to the company said
on Monday.

Murco, Murphy's British subsidiary, has been engaged for
months in talks with several parties on the sale of the 135,000
barrels-per-day refinery and its assets.

McKinlay announced the move to Murco employees on Friday and
will be replaced by Brian Kelly, currently working as head of
Murphy's business development in West Africa, the Middle East
and Britain, who will lead Murco's negotiations with the
potential buyers, the source said.

McKinlay's interest comes alongside that of other potential
bidders including private equity fund Greybull and Swiss
industrial group Klesch, according to the source.
(Reporting by Ron Bousso and Simon Falush; Editing by Dmitry
Zhdannikov and Mark Potter)

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